What Are Some Of The Biggest Scams Done In Metaverse?

What Are Some Of The Biggest Scams Done In Metaverse

Recent reports state that the Metaverse will be worth up to $13 trillion by 2023. This will lead to an increase in the number of crimes and scams.

It has also been observed that illicit activity is linked to metaverse-related assets such as MANA and SAND.

  1. Fake airdrops in Metaverse: In march 2022, the Yuga Labs team announced the launch of MetaRPG, ApeCoin, where several bad actors on social media tried to trick users into clicking on malicious links or sending funds in fraudulent ways.
  2. Sex Crime: The report states that there may be many legalized sex practices within the Metaverse. There is a lot of concern about how the space could be used for more sinister content, such as child sexual abuse materials, revenge porn, etc.

Explore most asked questions and answers related to Metaverse from here: Best Questions And Answers On Metaverse